Science and Environmental Policy Project

EIN: 541645372 501(c)(3) Environment

Springfield, VA

Total Revenue
$119,008
Total Expenses
$142,371
Total Assets
$4,304,685
Net Assets
$4,304,685
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VA
Principal Officer
Kenneth Haapala
Phone
7039786025
Tax Period
2025-01-01 to 2025-12-31

Science and Environmental Policy Project, founded in 1990, is a small nonprofit in the Environment sector that reported $119K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $142K exceeded revenue, resulting in a 20% operating deficit.

Mission

Support scientific and public policy research about environmental issues.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $59

Publication of the third Edition of SEPP founder Dr. S Fred Singers book Hot Talk, Cold Science. Received royalties from publisher. Organization and review of Dr. Singers collected scientific papers.

Program 2
Expenses: $10,000 Revenue: $0

Awarded the 2024 Frederick Seitz Award to Dr. William van Wijngaarden for contributions to climate science.

Program 3
Expenses: $120,439 Revenue: $0

Published a weekly on-line newsletter (The Week That Was) and maintained the SEPP website on environmental and scientific policy issues.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $37,915
Program Service Revenue $0
Investment Income $81,034
Other Revenue $59
TOTAL REVENUE $119,008

Expense Breakdown

Grants Paid $11,219
Salaries & Benefits $120,000
Fundraising Expenses $0
Program Expenses $134,909
Other Expenses $11,152
TOTAL EXPENSES $142,371

Year-over-Year Comparison

2025 2024 Change
Revenue $119,008 $94,968 +0.3%
Expenses $142,371 $140,992 +0.0%
Net Income $-23,363 $-46,024 -0.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$120,000
Total Directors
7
$120,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas P Sheahen Chairman 1.00
Director
$0 $0 $0
Kenneth A Haapala President 40.00
Officer Director
$120,000 $0 $120,000
Donna Fitzpatrick Bethell Secretary/Treasurer 5.00
Officer Director
$0 $0 $0
Howard Hayden Vice Chairman 1.00
Director
$0 $0 $0
David Legates Director 1.00
Director
$0 $0 $0
Steven Milloy Director 1.00
Director
$0 $0 $0
Willie Soon Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $119,008 $142,371 $4,304,685 $-23,363
2024 $94,968 $140,992 $3,842,929 $-46,024
2023 $115,475 $140,300 $3,377,226 $-24,825
2022 $95,368 $109,690 $2,958,609 $-14,322
2021 $110,902 $153,073 $3,640,606 $-42,171
2020 $100,103 $118,068 $3,222,970 $-17,965
2019 $87,490 $141,365 $2,894,344 $-53,875
2018 $117,788 $113,904 $2,473,365 $3,884
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